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Comedy Central
Nov 28, 2012 7:00pm PST
date and you can kiss our economy good-bye. because we will all be going over -- >> that fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> that dreaded fiscal cliff. >> stephen: yes, the dreaded fiscal cliff. an unavoidable money will technology the razor-sharp financial rocks below. it all started back in 2011 during the showdown over raising our debt ceiling when republicans wanted spending cuts and obama wanted to raise taxes. which led to a budget crisis that congress solved by not solving it. (laughter) instead, they handed it over to something called "the supercongress" which couldn't fail because it was super. (laughter) unfortunately it was also congress so it failed. (laughter) and as a result -- (applause) as a result -- (applause) as a result, folks, we are facing another thing called sequestration which at first sounds like rationing the amount you can watch "sea quest." (laughter) but it's even worse than that. (laughter) sequestration is automatic spending cuts that both sides agree would trigger a new recession. it's like congress put a gun to the economy's head and sw
FOX News
Nov 30, 2012 6:00pm PST
. . >> sean: the cost of president obama's arrogance could be off the fiscal cliff. he is deeply liberal, deeply ideological, reckless, irresponsible and no interest in seriously negotiating with the republican party and he's now putting partisan politics ahead of what is good for america. even the "washington post" is calling him out saying he has no intention to negotiate. writing: >> sean: let me repeat, the offer lacks any concessions. if you want the most recent concrete evidence of how irresponsible president obama is, you need look no further than his opening bid in budget talks. the proposal awd to republicans late yesterday courtesy of tax cheat geithner calls for the following: 1.6 trillion dollar tax increase, increasing rates on incomes over $250,000. 150 billion dollars in new public stimulus spending of which 50 billion would be spent next year. another extension in unemployment benefits, 30 billion. new power to raise the federal debt limit without congressional approval. in other words, an obama blank cheque. that is not all. he also wants the estate tax to be levied at 4
CNN
Dec 1, 2012 3:00am PST
many days are left until the fiscal cliff deadline. but lawmakers are squaring off with each side accused of giving each side a deal. here's house majority leader eric cantor. >> what we will do is take this as a serious matter. we are interested in trying to solve the problem for the american people so that we don't see taxes go up on anybody so that we can engage in tax reform and get this economy going, again. >> democratic senator max baucus says congressional leaders and the president need to get to work on negotiations right now before the u.s. enters unchartered waters. >> i think if there's no agreement, whatsoever, if the other side is completely that the president has probably no choice but to say, okay, we're going to go with a cliff. that would not be my first preference. >> should that happen, should we go over that so-called fiscal cliff republican congressman lee terry thinks there could be an alterier motive on the part of the president. >> many of us fear that the president's real plan here was to let us go over the cliff and blame the republicans and that's what
FOX Business
Dec 5, 2012 6:00pm EST
of the screen. we have lots more in the show. twenty-six days until we fall off the fiscal cliff. is that what democrats want us to do? pictures seem so. we go live to capitol hill in 10 minutes. while congress talked about wanting to cut excess spending, the numbers may tell a different story. i will break it down coming up next. ally bank. why they have a raise your rate cd tonight our guest, thomas sargent. nobel laureate in econocs, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise ur rate cd. ally bank. your money needs an ally. gerri: where would we be without senator tom coburn? without the oklahoma taxpayer dollars? this fellow brought us this image. your member this? the shrimp on on the treadmill. does anyone have? @%e national science foundation studying the effects on disease. they decided to do this, and they spend 500,000 taxpayer dollars doing this study. if you can get scientists to waste money, the senator is back with another study. this time uncove
FOX
Nov 30, 2012 4:00am PST
by headlines regarding the fiscal cliff. > what is your reaction to a lawmaker who wants to put an extra tax on high-speed trading? what do you think about that? > > i think it is short- sightedness. i don't mean that as any real criticism, but when you look at it, they really want to arrest the problem. it should really be on cancellations. the speed of trading isn't- in my opinion, isn't really the issue. speed should be competitive and whatnot. as long as everyone has the same fair advantage to that, i think that's what the key is. putting a tax on a broad level, saying this will fix all, i think there would be so many unattended consequences as a result of that and what it opens the door for, i just think it is totally counterproductive and really not the solution. it's a hair trigger. > thanks for your thoughts today. good to have you on the show. have a good one. > > you too. president obama heads to philadelphia today to visit a toy manufacturing plant. it's where he will also talk about his plan to avert the so-called fiscal cliff. comments yesterday from house speaker john bohener h
Comedy Central
Nov 29, 2012 11:00pm PST
combination of tax rate increases and spending cuts now known as the fiscal cliff. >> jon: oh, yeah, that, that was-- (laughter) ladies and gentlemen, the fiscal-- cliff. >> it's the subject of tonight's cliffpocalypsema get-- mageddonocaust, our nation's solvable budget problem. (laughter) (cheers and applause) >> jon: i actually hurt my shoulder just there. it's like i'm 50. so we're now just a little more than a month away from going over the fiscal cliff which is, of course, as we all, what is the fiscal cliff again? >> a toxic combination of spending cuts and tax increases that kicks in at the beginning of next year. >> on january 1s its bush tax cuts will eck prior within the alternative minimum continuation would quick in, hiking taxes for more than half married couples with two children. the payroll tax cut was also expire. >> emergency unemployment benefits end, and 984 billion dollars in the automatic cuts in both defense and domestic budgets are triggered. >> it very likely that we're all going die. >> jon: why did they put that last provision in. see, here is what happened. tw
MSNBC
Dec 4, 2012 7:00pm PST
'm worried about the fiscal cliff in the same way i'm worried about martians. >> fiscal cliff. >> fiscal whatever it is. >> is this a rerun? >> still no progress as all sides jockey for position. >> i would say we're nowhere. >> speaker john boehner issued a downer offer yesterday. >> the white house quickly dismissed it. >> the speaker's proposal is out of balance. >> it is more of the same. >> it is not me being positive. it is the math. >> magic math. >> magic beans and fairy dust. >> president obama did win the election. >> me thinks somebody made him king. >> no. i don't think that's right. >> he doesn't see where he stands in the universe. >> i would say we're nowhere. >> are we that far apart? >> both sides want a deal. >> a matter of math. >> try to stay away from hypotheticals. >> it won't pass. >> discussions about unicorns. >> unicorns. >> they're imaginary beasts. >> magic beans. >> magic math. >> an enchanted universe. >> outrageous. >> the whole thing is going wacky. >> i would say we're nowhere. >> i don't envy the position the speaker is in. >> we're nowhere. ? you just m
Current
Nov 30, 2012 5:00pm PST
you for your time this evening. the absurd drama of the sow called fiscal cliff negotiations and the best investment out there. that's ahead on "viewpoint." as i looked out across the battlefield at antietam. i saw the future of one great nation. but only barely, because the sun was like, way in my grill. george mcclellan, the general, hands me his pair of foster grant sunglasses, and i could see! my wife, mary todd, found them so fetching. >> he looked so fine i started to call him babe-raham lincoln. >> i was like, mary, please. >> you look like a baby, a literal child. i bought a pair online, shipped to 115 main st., that's my gettysburg address. i'm funny. i find them to be affordable frames, of the people, for the people, and, not, by the people, that's part of this freedom thing. end slavery, let people buy awesome sunglasses. who's behind those foster grants? abraham stinkin' lincoln. >> i came up with that slogan myself. view want the great bargain for the holiday season? i got one for you and it's the number of the day. two for one. that's the deal the co
Current
Dec 1, 2012 1:00am PST
event in pennsylvania to tout his proposal in the fiscal cliff negotiations saying that the american people made their economic wishes clear on the election day. >> obama: this was a central questions in the election. maybe the central question in the election. you remember. we talked about this a lot. at the end of the day a clear majority of americans--democrats republicans, independents--they agreed with a balanced. >> eliot: republicans meanwhile openly deride the president's proposal saying they're the ones taking negotiations seriously. >> the proposal that was delivered here by secretary geithner the speaker and me yesterday was not a serious proposal. >> i mean, it's--it's--it's--it was not a serious proposal. i think the debt crisis that we face requires us to make serious decisions. >> we're not playing a game. we're being serious. >> eliot: bottom line. let's hope there is a different script being played out behind the scenes. joining me now for some serious wisdom is staff reporter for mother jones andy kroll. thank you for joining me tonight. >> my pleasure. >> eliot: is
FOX Business
Nov 29, 2012 1:00pm EST
>> i am melissa francis. >> i am lori rothman. so much for progress on the fiscal cliff talks. at least for today. progress getting a fever pitch as john boehner says white house needs to get serious. senate majority leader harry reid says he is waiting for a serious offer from republicans. so there you can see the stock market slightly higher, reacting to every last word coming out of capitol hill. now the dow was higher, but off of the best levels of the session as we make progress. melissa arizona is the latest state to refuse the exchange. we will bring on judge andrew napolitano to talk about this one. lori: "time" magazine announcing it candidate for person of the year. wait until you hear who the candidates are. we will handicap the list with lou dobbs. melissa stocks as we do every 15 minutes. nicole petallides standing by. stocks are losing sseam as house speaker john boehner took the podium although they have recovered a bit. nicole: is difficult to monitor which way and guess which way the market will go as each headline process crosses, we'reg the market being star
FOX Business
Dec 6, 2012 9:20am EST
, is that right? >> another day, another huge company beating up the dividend payout to beat the fiscal cliff and the higher tax rates on dividends, so, join safeway to over 170 companies, that's the latest number we've got from the wall street journal, but i bet you it's even higher than that, so they join wal-mart and weight watchers and ethan allen just to name a few. >> i should be keeping track, it was 173 a couple of days ago, i've got to believe it's pushing 200 by now. i'll he get a number. >> yeah. imus: thank you very much. by the way, the dow is up 14 points and that's where we have it this thursday morning. time is money, 30 seconds, here is what else we've got for you today. two states vote to make marijuana real including for recreational use. and tommy chong will join us, and you never know what he's going to say. concussions, they're a serious issue for the nfl and its players of course, but it's a violent sport, football. and injuries are almost bound to happen. we'll talk to a former player who now advises the union on the concussion issue. and we'll talk to a chiropractor w
CNBC
Nov 30, 2012 7:00pm EST
the fiscal cliff grew a bit louder today with the president playing part of the anti-santa. going so far as to say he's keeping a list of congressmen. that sounds like an enemy's list to me. we're going to talk some more about that. >>> the president also saying if the republicans can't compromise, the holiday season might be an unhappy one. >> that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> and the republicans they say that the democratic offer is not a serious one. check it out. >> let's not kid ourselves. >> so where do we go from here? and the business world itself is waiting to see if we drive off the cliff. they're taking action right away. deals are being done to sell companies. stocks, homes, dividends, almost anything to avoid a big tax wallop after the first of the year. you see, folks, as i've said for so long, taxes do matter. later on we're going to tell you exactly why. first up the president place santa claus. white house press secretary finds spending cuts deeply irresponsible. for all this and more joining us now is katie pavlic
FOX News
Dec 5, 2012 1:00pm PST
to be a humorous way on get people thinking about the fiscal cliff. boy, this is one of the most egregious things i have seen in a long time. hopefully it is not meant for the kids, please tell me. >>guest: this is child abuse. of an epic scale. the narrator is ed asner. how many millions do you think he has? does he care about kids and the other 1 percent don't? this is democratic party promise gain. the teaching union is the heart of the democratic party. this is, in particular, is a teacher union in which poor black and hispanic kids in los angeles and ok land and san francisco school systems are being denied a good education by this very union. they will go on strike if you try to connect performance with reward. half the children in the schools, poor black and hispanics whose parents can not afford to put them in private schools which is what everyone else is doing, half of them drop out before they graduate. what of the ones who graduate are functionally illiterate. they will never get a decent job. >>eric: david, let's stay on the video. the teachers union puts this together and in the video
MSNBC
Dec 3, 2012 6:00am PST
out any minute. we're going to be live at the supreme court. and could going over the fiscal cliff actually be the fiscally smart move? a deep dive into what a cliff dive means for washington and millions of american families. but first, a look ahead at the president's schedule today. a public speech today at the threat reduction symposium. some interesting remarks about dick lugar, i'm sure. also more about nuclear proliferation. perhaps iran. should be interesting, an interesting speech to watch and read. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars by december 22nd to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest mo
FOX Business
Nov 30, 2012 5:00pm EST
's take a look at the day's market headlines. stocks look exhausted after a week of fiscal cliff fueled volatility. the major indices swayed between positive and negative territory closing the day mixed. the dow eked out three points, three. while closing out the month of november down half a percent. >>> you know the global economy is in trouble when even taco bell and kfc have trouble making money, right? shares of their parent company yum! brands dove nearly 10% today. the company warned fourth quarter sales in china, their single best market, would likely slide. >>> u.s. consumer spending fell for the first time since may. the 0.2% decline in october partially being blamed on the impact of superstorm sandy. why not. >>> starting off tonight, taxes are the talk of the town and have been for daze. seems like much of the conversation is focused on the wealthy to get them to pay more. a new study by the tax foundation flips the argument over who really is paying their fair share on its head. the numbers show tax rate paid by individuals in income top 1%, was 23%. all filers in bottom 50
FOX Business
Dec 1, 2012 12:00am EST
over the president obama's fiscal cliff proposal. is it that much of a raw deal as they claim? we'll break it down. do you ever have too much money or too many big macs? ♪ ♪ . melissa: the idea of u.s. energy independence may be music to your ears but is fracking the way toet there? a new report fm the food and water watch, says if that i what you think, think again. they say the real answer is investing in renewable energy because increasing prucon of natural gas will only continue dependence on fossil fuels. we have a the environmental thast that is big defender of fracking. he tells us why it is a key to the energy independence. thanks for coming back on the show. >> thank you for having me back. melissa: what do you think about fracking is evil? are you convinced? >> no. they're making two different claims. one is energy independence essentially we're more robust against disruptions from our supply. there are two ways to think about it. if you're worried about disruptions, go to coal that is not what anyone is suggesting. instead we should go for cheap gas. even then if yo
FOX News
Dec 5, 2012 3:00pm PST
: the government creeps closer to the fiscal cliff with orders for the military and others to start preparing for the worst. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. the country plays the waiting game to see if country and the president take the economy off the fiscal cliff, president obama says he will not play the debt ceiling game again. but he is taking a few more shots in the public relations game. turning the screws on republicans, a little bit more. chief white house correspondent ed henry starts us off tonight. >> reporter: finally the blame for stalled budget talks on republicans, president ratcheted up the lesh on john boehner. >> no one wants to have this done more than me. >> reporter: telling agencies to watch for massive spending cuts from going over the fiscal cliff and warped the business exectives the economy could take another hit if the republicans decide to extend the middle class tax cut to avoid the cliff for now. then come back with more leverage. to tie it to a hike in the debt ceiling. >> we are 23409 going play that game next year. if
CSPAN
Dec 6, 2012 6:00am EST
of the senate. the two parties first sat down to discuss the so-called fiscal cliff, it was widely assumed among republicans that president obama and democrats actually wanted to avoid it. that was the premise that any possible agreement had shown. that was the common goal, or so we thought. over the past couple of weeks it's become increasingly clear to many of us that we were simply wrong about that. incredibly, many top democrats, including the president, seemed perfectly happy -- perfectly happy -- to go off the cliff. that's why the president has been more interested in campaign rallies than actually negotiating a deal. and it explains why the president is now stubbornly insisting on raising tax rates when he himself said just last year that you could raise more revenue from capping deductions and closing loopholes. this isn't about the deficit for them or balance. it's about an ideological campaign that most americans thought would have ended on november 6, and that's also why the president sent secretary geithner up here last week with a proposal so completely ridiculous it wouldn't have
FOX News
Nov 30, 2012 2:00am PST
. >> speaker of the house john boehner giving his take on the lack of progress made in the fiscal cliff talks. and adds tensioas tensions rise capitol hill obama will be pushing his fiscal cliff plan at a toy factory today. >> peter doocy has more on that. >> the senate majority leader mitch mcconnell listening to tim geithner layout the proposal to avoid the cliff. it was so one-sided rich mcconnell reportedly said he burst into laughter. republicans claiming three want a balanced approach and they want to raise revenue without killing jobs and they are going public with their frustrations. >> i am disappointed in where we are. i am disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is , i am trying to resolve it. >> democrats want republicans to slow down and realize what they are offering is not new. it's the sail debt pl-- same de plan president obama had in the american jobs act. it's not a new stimulus it is something that has been on the table for over a year. >> something should a political price be paid in order for congress to do its job t
MSNBC
Nov 30, 2012 8:00pm PST
cliff or fiscal curve. it can end flirtations with fiscal suicide. that the lawrence o'donnell. read my work at wonkblog.com. "the ed show" is up next. >>> good evening, americans. welcome to "the ed show" from new york. republicans say they're laughing at president obama's fiscal cliff offer. i'll show you how they're really crying. this is "the ed show." let's get to work. >> there are no shortage of pens in the white house. and i carry one around for an emergency just in case, waiting for a chance to use it to sign this bill so people's taxes don't go up. >> the adult in the room continues his campaign to cut taxes for the middle class, and john boehner keeps shooting spit balls. >> it was not a serious proposal. >> tonight the latest on the stalemate and the democrats' upper hand. mitch mcconnell gets downright ridiculous with his demands to weaken medicare. one of the architects of obama care dr. zeke emanuel responds tonight. >>> house republicans pass an immigration bill democrats say is divisive and inferior. today, congressman javier on why the latino community won't be fooled.
MSNBC
Nov 30, 2012 11:00pm PST
connell/obama plan is as good a way as any to do it. it gives lawmakers a way it avoid a fiscal cliff or fiscal curve. it can end flirtations with fiscal suicide. that the last word. i'm ezra klein in for ed o'donnell. >>> the president has returned from his trip. chris matthews and "hardball" is next. >>> a no-brainer for boehner. let's play "hardball." ♪ good evening. i'm chris matthews in washington. let me the start tonight with this. somebody has got to break it to mr. boehner, your side lost. romney, remember him? he's the guy who ran on the rich man's platform. the hands off the big boys' ticket. he's the guy who said his fellow 2%ers have your back. mr. boehner, ye of limited memory, the voters looked this issue directly in the eye, they heard your guy, romney, playing palace guard for the plutocrats, and they said i think i'll vote for the guy who is looking out for the middle class. i think i will let that guy go back to bain or whatever. time for mr. boehner to stop protecting the rich. joy reid is managing editor of the grio, and david corn is washington bureau chief for mother jones an
CNBC
Nov 30, 2012 4:00am EST
.30 is really more about general positive risk appetite on the back of optimism about the fiscal cliff. so that are probably be more of the driver. if we see more news suggesting that maybe something will be done by christmas, perhaps we can advance some more. the dollar still very much negative currency. >> what about the vote we're expecting out of germany with regards to greece, how important is this one? >> it's important, but fairly clear that it will pass. i don't think anybody has any incentive to block it. i think much more of a problem for greece is whether they'll manage that bond buy back. because it's not in the bank's interests at the moment. and there's a problem definitely in achieving the 30 billion required. >> it would certainly seem that it would help support the risk taking we've seen, but even though we're seeing the greek banks react negatively to the news and people wondering what it means if some of the private sector holdouts from the last time around, pension funds and the banks, have to take more losses. >> there isn't a lot of incentives for the greek banks to p
FOX News
Dec 3, 2012 9:00pm PST
's safer to go over the fiscal cliff. >> do the democrats secretly want to plunge over the fiscal cliff? we'll examine the growing evidence that indicates this may be obama's secret plan. we'll have much more. hannity starts right here, right now. >> welcome to hannity. there are late breaking developments tonight related to the fiscal cliff battle being waged in washington. now, late this afternoon house speaker john boehner sent a letter to the president detailing a bold counter offer to the administration's plan. the g.o.p. proposal does not include a tax increase on the so-caldwell thee but does contain $800 billion in revenue through tax reform, another $600 billion in health savings and much more. all told, the net savings amount to around 2.2 trillion dollars. the white house responded to this letter by saying that the president is, quote, willing to compromise but not on the subject of making job creators pay more in taxes. however, what our tax and spend commander-in-chief fails to understand is that putting money into the hands of you, the american people, is the single best way t
MSNBC
Dec 2, 2012 11:00am PST
of avoiding tough choices on spending and wasting time in the effort to avoid the fiscal cliff. >> it's not a serious proposal. and so right now, we're almost nowhere. >> will there be a deal by the end of the year? and what are the consequences for the economy if there isn't one? we'll ask the president's lead budget negotiator, treasury secretary tim geithner. >>> then the view from capitol hill. are democrats as divided over cutting medicare as republicans are over tax increases? with us, two voices calling for compromise. republican senator bob corker of tennessee and democratic senator claire mccaskill of missouri. >>> finally, our special economic roundtable. as both sides battle over the nation's fiscal health, what can we expect from the economy in a second obama term? what is the vision for an economic rebound? >>> from nbc news in washington, the world's longest-running television program, this is "meet the press" with david gregory. >>> and good sunday morning. amidst a lot of partisan rhetoric on both sides, talks on the fiscal cliff are now at a stand still, and the presi
FOX Business
Nov 29, 2012 7:00pm EST
that would avoid the fiscal cliff. that is $1.2 trillion in automatic budget cuts and $600 billion in tax hikes that would result from the expiration on december 31, the consequences would simply be devastating. the economic impact on the country and the american people would mean the loss of hundreds of thousands, if not millions of jobs. the very likely onset of yet another recession. the white house timothy geithner on capitol hill today. he went there empty-handed to meet the party leaders. house speaker john boehner who has already offered to raise tax revenue finds himself not in a negotiation, but rather competing in the white house media campaign. this is how speaker boehner reacted earlier today to the demands of the white house that were laid out by timothy geithner in a closed-door meeting. the treasury secretary reiterating the president's call for $1.6 trillion in new tax revenue and timothy geithner currently offering nothing in return. in lieu of federal spending. >> first, despite the claims that the president supports a balanced approach, democrats have yet to get serious
FOX News
Dec 1, 2012 1:00pm PST
may hang in the balance as the nation gets closer to a fiscal cliff. democrats and republicans have one month to come up with a plan to stop the across the board tax hikes and the major federal spending cuts from taking effect. i'm gregg jarrett. >> heather: i'm heather childers. some of the early optimism for a deal seems to be fading. steve is live in washington with more. >> reporter: one month away from that so-called fiscal cliff. there appears to be very little movement toward any kind of deal. president obama is using the bully-pulpit to appeal to the american people to push for immediate action to push the tax cuts for everybody except for those earning more than $250,000 a year. in his saturday address, he stressed the urgency of the situation. >> if congress does nothing, every family will see their income taxes automatically go up at the beginning of next year. a typical middle-class family of four will see income taxes rise by $2200. we can't let that happen. a families can't afford it and neither can our economy. >> reporter: republicans led by house speaker john boehne
FOX Business
Dec 5, 2012 12:00am EST
stet. they watched the latest sparri over the fiscal cliff. stocks weighed between sitive and negative territory. shares of netflix soaring re than 14% you wow! the compan announcedexclusive dib shun deal with disney. ey will get first run reaming rights for disne films benning in 201 gold prices losing their shine. the commodity tbledelow $1700 a ounce hitti a one-month low. >> to our to story, no bias or bul oney" will lay it out for you. all the talk about can't fall off the fiscal clf, we say why not? it may not the worse option? maybe it is. none of them stop the problem. we'll take a look. here to crunch t number, stephen hayes, fox news ntributor andwriter for he weekly standard." thanks for coming on to brave the math. bothides get so emotiol here. it is not abt emotion, it is about the numberand what will save this country. oking at the real nbers the fiscal cliff. werojeed it out over 10 years if we sow you the big fufull screene made and numbers look pretty scary from tax perspective ther if we went er the fiscal clit would increase taxes 5.6 trillion. that is 10-year perio
CNN
Dec 1, 2012 3:00pm PST
steadily closer to the fiscal cliff, there are high level talks between the white house and congress. can they cut a deal in time? as mexico's bloody drug wars claim another high profile victim can a new leader end the violence. i'll speak exclusively with mexico's new president. and it was hidden away for decades. we'll take the wraps off a long secret u.s. plan to explode a nuclear bomb on the moon. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer and you're in the situation room. >>> we begin with huge confrontations shaping up between president obama and republicans involving the most important decisions the president needs to make in his second term. >> we're now a month away from the so called fiscal cliff. a drastic combination of mandatory spending cuts and tax hikes that could plunge the united states back into a recession. while there are plenty of hard w0rds from both sides, some terms of a possible zeal are making the rounds. kate bolduan has been following the back and fourth. >> don't get too excited about that, there's only one way
FOX Business
Nov 28, 2012 9:00pm EST
congressional leaders and the white house to add vert the fiscal cliff scheduled for tomorrow, but, guess what? the president will not be attending it, secretary tim geithner will. regardless of the -show tomorrow, president obama is hopeful to get a deal done by christmas, not inspiring confidence for pushing small businesses as key democrati leaders refuse to put entitlements on the table. for more on all of this, republican congressman langford of oklahoma. congressman, welcome back, always great to have youere. >> thank y very much. gerri: president with strong words for congress. here's what he had to say. >> if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next wreer. right now, as we speak, coness can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. gerri: there's the president calling out congress. what do you have to say, congressman? >> yeah, here we go in the middle of this. the house passed all our tax things in april. we passed the sequestering documents in may. we waited for the sen
FOX News
Nov 29, 2012 6:00pm PST
is willing to do. >> beware, there's a fiscal cliff ahead, but there's still no plan from the president on how to cut spending. >> made a mistake, but i didn't. almost 18, almost 20 years ago. >> a former democratic representative who was convicted of having sex with an underage girl says he's back, and he's running for congress. all of that, plus a shocking new report that gitmo detainees may be coming to america. "hannity" starts right here, right now. new troubles for u.n. ambassador susan rice this as questions surface about her time at the state department when al-qaeda bombed two african embassies in the late '90s, and how the situation parallels what happened prior to the terror attack in benghazi that left four americans dead. yesterday republican senator susan collins met with ambassador rice for 90 minutes, and after the closed-door meeting the senator questioned rice's role at the state department back in 1998 when she served as the assistant secretary of state for african affairs in the clinton administration. watch this. >> those bombings in 1998 resulted in the loss of lif
MSNBC
Nov 29, 2012 8:00am PST
on the economy specifically right how giving the looming fiscal cliff. so i suggest -- or i imagine they will discuss that, as well. but do we expect anything larger to come out of this? the white house is managing expectations saying there is really no agenda for this luncheon. it's really to bury the hatchet and to allow the country to move on, as well. >> right now, though, we do know treasury secretary tim geithner as we were telling everyone was on the hill, these marathon meetings with congressional leaders. what more do we know about those meetings? obviously starting off with some of the harder ones at first bhak through nancy pelosi as his last. >> we know the treasury secretary will be heading to the hill with rob nabors. he will be meeting with all of these congressional leaders separately. starting off -- or including house speaker john boehner. of course boehner will be key to moving the needle on these fiscal cliff negotiations. this comes on the heels of a phone call between president obama and speaker boehner which occurred credit. my sources are telling me the phone
CNBC
Nov 28, 2012 7:00pm EST
the right thing about the fiscal cliff deal, boy, will these markets turn on a dime and i would like to be optimistic. neither taxes nor spending nor entitlements were solved today. in fact, president obama never even mentioned the word spending. the one thing we do know, your taxes are going up from an obama care tax attack. no matter what happens on the fiscal cliff. and is another bailout nation on the way? student loans up to $1 trillion, huge delinquency rates, default rates going sky high, no credit standards and sky high tuition. sound likes a real bad story to me. ceos have just wrapped up their meeting with president obama about the fiscal cliff and minutes ago john harwood landed a big fish. goldman sachs ceo lloyd blank finefein. >> the highlight of the meeting was the intensity from which the white house emphasized that marge al rates as a matter of math and politics have to go up somewhat, if not all the way to 31.6 had to go up and as p he said as a necessary ingredient of a deal, he would support such a rate. >> the president said we would pursue our own interests. i'm
Current
Nov 29, 2012 4:00pm PST
the fiscal cliff anymore you might throw yourself off a cliff. here goes the republican again. they decided we'll go with the transition again. >> without spending cuts and entitlement reforce it's impossible oh address the fiscal crisis. >> cenk: we're busting their ass up today. i'm going to show you what they said before the election and what they said after. you'll love that. >> here come the people, man strikes and more strikes. now, fast food workers in new york starting to strike. >> i've been working at mcdonald's for 10 months right now. >> i've been working at wendy's for a year and two months now. >> cenk: i'm going to show you how much they're getting screwed. you want to talk about surprising news? here comes big foot! >> i was a skeptic. i did not believe these things exited at pull. they live right under our noses and we were never able to get proof of this until now. >> cenk: is it real? there's some real evidence. we'll talk about it on the show. in the end, of course, the did you meanest republican in the country within the show. who is it? gomer! you're going to love his
FOX News
Dec 2, 2012 12:30pm PST
approaches a fiscal cliff, and the immediate y media in his corn again. >> the new york times gets caught 40 questionable items about the conflicts in the middle east. and a british judge releases his report on the phone hacking scandal in the country and how did the media here react. and jay leno sees the light. >> this is very dangerous for the white house if they should start asking real questions. >> jon: on the panel this week, writer and fox news contributor judy miller. syndicated columnist, cal thomas. jim pinkerton, contributor. and kirsten powers. >> jon: i'm jon scott, fox news watch is on right now. ambassador susan rice asked for a face-to-face meeting with some of her most focal critics to make things better. the meeting took place and appears to have made things worse. >> rice herself asked for the meeting, but the effort to smooth things over didn't exactly work. >> for the first time she acknowledged her comments were wrong. >> susan rice has been depi depicted from everything as a thrown under the bus sacraficial lamb to a willing political accomplice. >> and ambassador sus
MSNBC
Dec 4, 2012 10:00am PST
want with the president and house republicans at an impasse over how to avoid the fiscal cliff, a bipartisan group of governors arrives in washington for a meeting. >> our focus today was not to endorse a specific plan nor to dismiss a specific plan, but rather to point out, as gary mentioned, as governors, we think it's important that we have a seat at the table. >> flash point serious, secretary clinton in brussels where nato leaders are sending patriot anti-defense missiles to turkey and warning syria of any thought of using chemical weapons. prince william leaves the hospital after visiting kate. she remains hospitalized for severe morning sickness. good day. i'm amount li-- andrea mitchell live in washington. the senate has managed to vote on something, rejected a u.n. treaty to extend rights to the blind and disabled, rights that have been the law of the land here in the united states since 1990. despite an emotional appearance from bob dole just out of walter reed, 89 years old, a passionate advocate for equal rights for the disabled since his first speech on the senate
CSPAN
Dec 6, 2012 5:00pm EST
to propose a real bipartisan plan to avert the fiscal cliff that can pass both the house and the senate. withdrawing from the recommendations of the simpson- bowles commission, the president could propose a plan that would not only avert the so-called fiscal cliff, but also help us avert the yawning fiscal of this ivory for me -- it this goal -- fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious to the most casual observer is that this plan is not a balanced. the fiscal cliff involves nearly four dollars of anticipated revenue from higher taxes for every dollar of spending cuts, yet the president wants more revenue and fewer spending cuts. if we fell off the cliff, his plan calls for another round of stimulus spending. you have got to be kiddin
Current
Dec 5, 2012 3:00am PST
of the business round table, amid a debate over the fiscal cliff. the group is urging congress to take immediate action to avoid those automatic tax increases and spending cuts come january. president obama is saying that with the way speaker boehner plan stands now, no deal. >> unfortunately the speaker's proposal is out of balance. we will have to see the rates on the top 2% go up and we are not going to be able to get a deal without it. >> that was an exclusive with bloomberg t.v. and the first televised interview since the president's re-election. as you heard, taxes are the big issue blocking this deal from taking place. president obama is calling for downhill the amount of tax revenue as speaker boehner over the next tens years, most from the nation's top earners. many. republicans say that's not the way to handle this. here is marco rubio. >> it wouldn'ting make a small bent in the debt but it would heard middle class businesses. >> the g.o.p. could be risking a civil war over this issue. it does not look like obama is ready to cave. if that forc
MSNBC
Nov 29, 2012 12:00pm PST
on the so-called fiscal cliff, and with congress and the president probably waiting till the last minute, we now have basketball thursdays here on "the cycle." score! a tip of the jersey to hall of fame coach steve smith of north carolina. with all the talk and posturing going on, mr. director, do you have our fancy animation on this? he says it's not ready yet. >> why not? >> we'll go back to our preseason graphic. we're calling this, depending on how we feel that day, either the fiscal cliff. boo. the fiscal slope. hmm. the fiscal fiesta, my personal favorite. or the fiscal follies. this is from the boston celtics' game last night. celtic big man kevin garnett was fouled by brooklyn net kris i was married to a kardashian for five minutes humphries. boston guard rajon rondo didn't like it. both humphries and rondo were kicked out with another net, gerald wallace. i hope the negotiations on the fiscal whatever we call it don't end up like that. are you listening, mr. boehner. >> this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult lead
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